The German group reported sales of over 4.6 billion euros in 2018 and an operating margin of 7.3%. While it looks like growth may slow in 2019, the company's major focus will be on improving its profitability.
Swedish sports brand Björn Borg has chosen London Fashion Week to unveil its exclusive capsule collection with international pop star Robyn and staged a global launch event at Browns East in Shoreditch.
The news around UK retail may seem to be almost all bad but nobody seemed to have told visitors to Pure London last week with the show feeling busier than the last event and plenty of brands writing orders.
On Friday afternoon, UK e-tail giant Boohoo became the first big-name retailer to ban wool in its products. By Friday evening, it had become the first big-name retailer to change its mind on the subject.
The Italian luxury men’s label has opened its newest flagship in New York on West 57th Street inside the historic Crown Building, as its Fifth Avenue store sets itself up to close by the end of this month.
Ebay has launched its All-Star Weekend Drop activation, where a flurry of exclusive deals will be topped off by a series of 23 limited-time drops, all centered around the NBA All-Star Game in Charlotte, North Carolina.